BANKING ANALYTICS

Ranking of the Azerbaijani banking sector (ranking includes the information component of the banking sector, the main events of the world economy, the analytical review of the main indices of the banks which are being ranked)

School building collapses in Haiti, scores of casualties feared

A school building collapsed Friday near Haitian capital Port-au-Prince and several casualties were feared, Red Cross officials involved in rescue
efforts said.

The children were in their classrooms at the time of the collapse
in Petionville, just outside the capital, Michaele Gedeon, president of Haiti's
Red Cross told CNN. "The whole school
collapsed on the kids," she said.

The cause of the collapse was not known.

Officials couldn't say how many children were in their
classes, but there are about 700 students in the school, all between the ages
of 10 to 20 years.

"We are having difficulty removing students from the
rubble because we don't have heavy duty search-and-rescue equipment," said
Alex Claudon, also of the Red Cross. He said the number of casualties could be
very high.

Gedeon wasn't at the site, but said she could hear rescuers
calming down injured students as she coordinated emergency efforts over the
phone.

"On the phone you
can hear so many children crying ... and saying, 'This one is dead, that one is
dead'," Gedeon told CNN.